"trustees" is a correct and usable word in written English
It refers to a person or group of people who are responsible for managing or overseeing a trust or organization on behalf of others. You can use the word "trustees" in contexts such as: 1. "The board of trustees is responsible for making important decisions for the organization." 2. "She was chosen to serve as a trustee for her company's retirement fund." 3. "The trustees reviewed the financial reports and approved the budget for the upcoming year." 4. "The trust was established with three trustees, who will ensure the assets are distributed according to the wishes of the grantor." Example sentence: The university's endowment was carefully managed by a team of experienced trustees, ensuring its financial stability for future generations.
But attracting and keeping talented trustees, non-executive directors (Neds) and senior managers is a constant test.
The average age of a charity trustee is 57 and nearly half of all trustees are over 60.
It points to an actuarial valuation carried out by the trustees of the USS in March – a process that weighed up the value of the scheme's assets against the amount needed to pay pension rights already accrued, finding a £8bn shortfall.
Workers can complain to the board of trustees, or raise a serious incident with the Charity Commission.
He insisted the church had changed the way it handled abuse claims since the well-known John Ellis case, in which an abuse victim failed to get redress through the church procedure and then failed in his bid to sue the trustees of the archdiocese and then archbishop Pell.
The draft protection of charities bill – currently being scrutinised by the joint committee – proposes new powers for the commission, including the ability to issue official warnings, to disqualify trustees for up to 15 years or suspend them for up to two years, and to forcibly close charities and transfer their assets.
Ten past and present directors are linked to Chicago's failed 2016 Olympic bid; four directors sit on the civic committee of the Commercial Club of Chicago; and five serve (or have served) as trustees of the Museum of Science and Industry Chicago.
Also, it is often the case that trustees or senior leadership are in said positions because they have personal relationships with the founder.
The Ofsted inspectors deemed the improvement plans produced by the school leadership, trustees and the council to be "not fit for purpose" at all of the five schools, despite the involvement of the DfE in several cases.
Yesterday the Charity Commission announced plans to scrap the summary information return, and will display information about whether charities pay their trustees on its online register.
Charity Commission research shows that only 0.5% of charity trustees are 18-24 years old, despite this age group making up 12% of the UK population.
